The govt's stake in Vodafone after the conversion could be more than 30%, says a govt official
As we enter Samvat 2079, analysts say the domestic market's outperformance against global peers will sustain as fundamentals of Indian corporate improves. Find out what top brokerages are betting on
The company is issuing 2.4 billion new shares at Rs 5 apiece; proceeds will be used pare debt, which currently stands at Rs 3,272 crore
The number debt scheme folios down 6% in 12 months to September 2022, equity MF folios have surged 21%; Passive schemes, which includes ETFs and index funds, have grown the fastest at 56%
Global shares were mostly higher on Monday as investors kept their eyes on a weeklong Communist Party congress in China. France's CAC 40 added 0.5 per cent in early trading to 5,961.27. Germany's DAX gained 0.5 per cent to 12,498.72. Britain's FTSE 100 rose 0.5 per cent to 6,894.84. The future for the Dow industrials was up 0.7 per cent, while the contract for the S&P 500 gained 0.9 per cent. Britain's new Treasury chief was due on Monday to announce details of his tax and spending plans Monday, two weeks ahead of schedule, in a bid to calm markets roiled by the government's economic policies. Chancellor of the Exchequer Jeremy Hunt was expected to ditch more of the measures announced by the government of Prime Minister Liz Truss on September 23. Since then, the prime minister's libertarian economic policies have triggered a financial crisis, emergency central bank intervention, multiple U-turns and the firing of her Treasury chief. In Asia, the meeting of China's ruling Communi
Besides Maruti Suzuki, domestic funds added Hero Motocorp while they trimmed positions in Tata Motors, Ashok Leyland and TVS Motors
'India will be an outperformer this year and that has panned out in spite of the currency epreciation'
Equity valuations in India are among the highest globally on expectations of faster earnings growth
Top 10 deals accounted for 86% of total PE inflows in the first half of this year, as compared to 80% a year ago
India's equity markets are on a roller-coaster ride, but brokerages see further upside for stocks that delivered more than 50 per cent returns to investors
In the broader market, the BSE midcap gauge jumped 2.42% and smallcap index climbed 1.49%
US markets surge after worst September in two decades
With this, the total outflow by FPIs from the Indian equity markets has reached Rs 1.68 trn so far in 2022, data with depositories showed
Foreign investors pull out Rs 12,000 crore after pumping in Rs 60,000 crore in July, August
M-cap of Adani group goes up 55.2%, while Tata and Ambani biz houses' declines 10%
Retail investments in MF rise as flows into bank deposits drop
IT stocks saw maximum selling by FPIs in the last fortnight at about Rs 3,998 crore, weighing on its performan
Global equity funds remained out of favour in the seven days to Sept 7 as a strong US services industry report fuelled concerns that the Fed would keep hiking interest rates to tame inflation
The tally was less than 41 million before Covid-19 pandemic
The sharp spike in commission comes on the back of surge in the equity markets and sustained flows into equity MF schemes